ONLY 5% Down Conventional Loan For Multifamily 2-4 Unit (EASIER HOUSE HACKING?)
Matt Porcaro - The 203k Way
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ONLY 5% Down Conventional Loan For Multifamily 2-4 Unit (EASIER HOUSE HACKING?)
3 773 просмотра · 2 года назад
Matt Porcaro - The 203k Way
4,88 тыс. подписчиков
3 773 просмотра · 2 года назад
HUGE NEWS for the house hacking world! If you are occupying one of the units, Fannie Mae Conventional Loans now only require 5% down for 2-4 unit multifamily properties.
What does this mean for you if you've been looking to get into house hacking? 5% down on conventional will make your buying process EASIER than FHA.
In this video, I am going over the benefits if you're looking to house hack, and how to take advantage of this loan immediately.
Being able to use a conventional loan to buy a 2-4 unit multifamily property will allow you to avoid the annoying FHA self-sufficiency test, condition requirements, lower mortgage insurance, and a lot more!
I will be doing more live Q&A's on this new product and how you can immediately take advantage of it in our house hacking and reno loan Facebook community.
You can join the group here:
/ the203kway
✅ To connect with with experienced 203k & Fannie Mae lenders in your market - that specialize in these new changes, fill out the form here:
https://www.the203kway.com/lender